Founding Year | 2003 |
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Address | Kiryat Atidim, Atidim Tower, P.O.B. 58177, Tel Aviv 6158101- View Map |
Phone | 03-6270400 |
Fax | 03-5611320 |
Social Networks | |
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Company Website | www.ingl.co.il |
Other Senior Executives
Daniel Szobel
VP – Finance and Procurements
Shlomo Kresner
VP – Engineering
Shlomi Ze’ira
VP – Operations
Yair Rubinstein
VP- Business Development
Haim Moskovitz
VP – Construction
Tal Dagan
Legal Advisor
Jay Epstein
Commercial Manager
Significant Savings for the Economy and Cleaner Air
The natural gas that INGL transports is one of the lowest cost energy sources available to the Israeli economy, and its use significantly reduces the costs of generating electricity and energy for industrial needs. From its establishment to the present, the company has invested more than NIS 8 billion in the system’s construction, saving the Israeli economy billions of NIS per year. Energy produced from natural gas is cleaner than other fuels such as diesel oil, fuel oil and coal, emitting fewer pollutants and greenhouse gases during combustion.
Natural Gas Pipelines Throughout Israel
The national transmission system for natural gas comprises several types of facilities:
• Stations for receiving natural gas from the reservoirs in the waters of the State of Israel. As of today, a reception station is operating in Ashdod, and during 2019, the construction of another reception station was completed near Dor Beach, which has been active since December 2019.
• A marine buoy for receiving natural gas from offloading LNG ships, about ten kilometers west of Hadera’s shores.
• Under-ground pipelines for transporting high pressure natural gas across the length and the breadth of Israel. To date, INGL has laid about 830 km of high-pressure pipelines, throughout Israel, as detailed below: The Offshore Section, in operation since May 2006; the Central Section, in operation since May 2007; the Southern Section, in operation since November 2009; the Northern Section, in operation since April 2011; Dovrat-Ziporit Section, in operation since January 2015; Palmahim Section, in operation since February 2016; A southern export line to Jordan, in operation since January 2017; Eastern pipeline, in operation since May 17; the Jerusalem Pipeline in operation since April 2021; and an export pipeline to northern Jordan (active since December 2019).
• PRMS stations to reduce pressure and meter gas deliveries, at consumer and distribution company delivery points
• Block valve stations throughout the system
• Facilities for operations and security, to monitor and control the network
• Maintenance and logistics centers at several locations nationwide.
INGL Customers
Already, about 70% of Israel’s electricity is generated using natural gas, which INGL delivers to 7 large power stations owned by IEC, and to independent power producers such as Dorad, Dalia, OPC, Orot Yosef and others. In addition, INGL delivers natural gas to large industrial plants in Israel, including in the Haifa Bay area, Hadera, Ramat Hovav, Mishor Rotem, and other locations throughout the country (Industrial customers include ORL, Haifa Chemicals, Adama-Makhteshim, Adama-Agan, Dead Sea Works, Mashab, Tnuva, Nilit etc.). The number of users continues to grow by the connection to natural gasof new private power plants, converted coal stations, new industrial clients and significant export to Jordan and Egypt.
INGL Develops the Natural Gas Economy
Following the discovery of significant volumes of natural gas resources off the coast of Israel, the demand for electricity generation based on natural gas, and gas sector continual development, has increased. INGL continues to develop the natural gas sector, increasing the reliability and efficiency of the national transmission system, to ensure a regular supply of gas to its customers. The company is working on the construction of new gas transmission segments and facilities of significant volumes, including doubling the pipelines in the North and the South as well as an underwater pipeline and subsea valve station (10 km from Dor Beach), which will enable the direct offshore connection of additional gas suppliers to the transmission system.
Converting Coal-Based Units to Natural Gas
Under the Ministry of Energy’s plan to wean Israel from polluting fuels, the project to convert the coal-fired units to natural gas has begun. Under the plan, four units at the coal-fired power plant in Ashkelon (Rotenberg Station, about 2,200 megawatts) and two units in Hadera (Orot Rabin Station, about 1,100 megawatts) will be converted, gradually, by 2024-2025. The company has completed the connection of the first unit in Rotenberg in 2022. In addition, the company completed the construction of the connection to the natural gas transmission system for 70 and 80 combined cycles at Orot Rabin (about 1,260 megawatts), replacing coal units 1-4.
Export of Natural Gas
The company promotes the export of natural gas as a significant growth engine and as a strategic arm for the State of Israel while strengthening the company’s significant contribution to strengthening geopolitical ties and increasing State revenues.
In 2017-19, INGL completed the construction of two export pipelines to Jordan, at the South of the Dead Sea region for Jordanian industrial plants and in the Bet She’an region connecting the Israeli transmission system to the Jordanian transmission system. Currently, most of Jordan’s electricity is produced by Israeli-sourced natural gas. In January 2020, INGL started to transmit natural gas to the EMG pipe near Ashkelon for the purpose of exporting natural gas to Egypt. In January 2021, the company signed a long-term agreement with Nobel Energy to establish an offshore pipeline from Ashdod to Ashkelon and increase the natural gas export to Egypt via the EMG pipeline. Construction of the pipeline is underway.
Bonds Issuance and Credit Rating
On May 30th, 2018, INGL published a prospectus for listing bonds (Series D) and was listed on the primary list of the TASE from June 7th, 2018. The company is ranked ilAA+/Positive by Ma’alot S&P. The company’s bonds are ranked ilAA+ by Ma’a lot (S&P), and Aa1.il stable forecasts by Midroog.
INGL Looks to the Future
INGL is a relatively young company, and since its inception, it has made significant changes in Israel’s energy economy. Through its vision, management team and professional staff, it has established a national transmission infrastructure to deliver natural gas across the length and the breadth of Israel. INGL continues to look forward with the hope and belief that natural gas will continue to make an important contribution to Israel’s economy, to its energetic independence, and to provide cleaner air for its people.
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